WIPRO LTDViés de alta
Positional trade in Wipro, IT sector recovery soon?
IT sector has been under performing from the last few months and the Nifty IT index has taken a major support in the range of 26300-26400.
A similar pattern has formed in Wipro which has taken it's previous major support at the levels of 400.
Since Wipro has corrected more than 40% from it's ATH, there is a high probability of sharp up move once recovery starts in IT sector.
A positional trade can be taken in Wipro with the targets mentioned in chart.
Please perform your due diligence before taking a trade and share your views in comments.
Follow for regular trade ideas. Happy Trading:)
A similar pattern has formed in Wipro which has taken it's previous major support at the levels of 400.
Since Wipro has corrected more than 40% from it's ATH, there is a high probability of sharp up move once recovery starts in IT sector.
A positional trade can be taken in Wipro with the targets mentioned in chart.
Please perform your due diligence before taking a trade and share your views in comments.
Follow for regular trade ideas. Happy Trading:)
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Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.